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TSYS Announces NetSpend Leadership Transition

Stocks in this article: TSS

Harris stated, “The past 12 months have confirmed that NetSpend has found a great home at TSYS. The combined size, stability and leadership will continue to provide opportunity for NetSpend and its team. The mission of NetSpend remains solidly intact and our avenues for success have expanded greatly. I am proud to lead the superb team of people at NetSpend at this critical time in our development and am honored to be placed in this leadership role. I look forward to all that we will accomplish in the days and months ahead.”

About TSYS

At TSYS ® (NYSE: TSS), we believe payments should revolve around people, not the other way around. We call this belief "People-Centered Payments ®." By putting people at the center of every decision we make, TSYS supports financial institutions, businesses and governments in more than 80 countries. Through NetSpend ®, A TSYS Company, we empower consumers with the convenience, security, and freedom to be self-banked. TSYS offers issuer services and merchant payment acceptance for credit, debit, prepaid, healthcare and business solutions.

TSYS’ headquarters are located in Columbus, Ga., U.S.A., with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS is a member of The Civic 50 and was named one of the 2013 World's Most Ethical Companies by Ethisphere magazine. TSYS routinely posts all important information on its website. For more, please visit us at www.tsys.com.

About NetSpend

NetSpend, headquartered in Austin, TX, is a leading provider of general-purpose reloadable prepaid debit cards and related financial services to the estimated 68 million underbanked consumers in the United States who do not have a traditional bank account or who rely on alternative financial services. The Company's mission is to develop products and services that empower underbanked consumers with the convenience, security and freedom to be self-banked. Please visit www.netspend.com for more information.

Copyright Business Wire 2010
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